E-commerce During Covid: Stylized Facts from 47 Economies

Author/Editor:

Alberto Cavallo ; Prachi Mishra ; Antonio Spilimbergo

Publication Date:

January 28, 2022

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary:

We study e-commerce across 47 economies and 26 industries during the COVID-19 pandemic using aggregated and anonymized transaction-level data from Mastercard, scaled to represent total consumer spending. The share of online transactions in total consumption increased more in economies with higher pre-pandemic e-commerce shares, exacerbating the digital divide across economies. Overall, the latest data suggest that these spikes in online spending shares are dissipating at the aggregate level, though there is variation across industries. In particular, the share of online spending in professional services and recreation has fallen below its pre-pandemic trend, but we observe a longer-lasting shift to digital in retail and restaurants.

Series:

Working Paper No. 2022/019

Frequency:

regular

English

Publication Date:

January 28, 2022

ISBN/ISSN:

9781616359218/1018-5941

Stock No:

WPIEA2022019

Pages:

19

Please address any questions about this title to publications@imf.org